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as it is because it's really a commitment to the economy of the whole region as to this particular project. having said that, the super bowl bid is an incredible thing and the strength of our bid is a collaboration of this whole region. this is how we think we will win this bid. this is not for any one particular city, it's us working together. not only on transportation issues, not only on cites, but all the hospitality that we have set. i want to thank all the regionals for working together. we want that super bowl xv very badly. we think we have the greatest opportunity to work for it and not only to win that bid, but to get ourselves in an incredible rotation for other super bowl hosting. we look at this long-term and it's the reasonable approach that will give us the strengths for the nfl to take into consideration. i want to be thankful for all the regions mayor's for joining us and the 49er organization. they brought us together at this time. it's going to be a great thing for san francisco. thank you. >> thank you for coming out. this is an amazing site. there are a thousand people working
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
the economy, put people back to work and if we do that, we're going to be bringing in more revenue, if we have controlled spending, and we have smart entitlement package, then potentially what you have is balance -- >> bill: potentially. the president thinks he he can get the federal budget under control. potentially. but listen to this. the democratic budget calls for $1 trillion in tax increases over the next 10 years. how are you going to grow an economy with that? and every working american is going to pay some of those taxes. let me ask you, let me ask you this. are you already not paying taxes through the roof? i am. property tax, sales tax, gas tax, state tax, city of new york tax, federal income tax, and almost everything i do in my leash time, rental cars, hotels, planes, all taxed as well. and the democrats want to add another trillion dollars in taxes? so we're quickly becoming sweden which has the highest tax rate in europe. u.s. corporate tax is already the highest in the world, already. and there is no doubt president obama wants to raise them even further. so, again, is this a s
. and stay the course. that's the message from the fed chairman ben bernanke today. he says our economy is improving but it still needs help. so the fed will keep interest rates at record low levels and will keep buying $85 billion in bonds each month. stocks like that, the dow up 56 points. briefly hitting a new record. the nasdaq up 25. the s&p up 10. of course, investors the world over are still watching the tiny island nation of cyprus as it nears possible bankruptcy. banks there are closed for the rest of the week now. and lawmakers are working on a plan b after parliament rejected a proposal to tax people's savings accounts. the fox business network peter barnes is live in the newsroom in washington. how concerned is the fed about cyprus? >> well, shep, he said the feted is paying attention to it, monitoring cyprus carefully. he said that so far its problems don't appear to be spreading to the u.s. or other countries. and that's the big concern here that this could become a contagion and trigger another financial crisis. but, bernanke suggested cyprus is unique, that its banking s
crude prices can tell us about the broader economy. stick around. ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> good morning. welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin. u.s. equity futures at this hour after giving back about 62, well off the lows yesterday. indicated that a bounce a little, but a time can happen between thou and 9:30 on the east coast. there's energy, you see crude
is -- we've got two crisises going on. one we are in a job crisis, a slow economy, and how do you address that, austerity and cuts, spending cuts, and raising taxes, and the republicans are right about that raising taxes slows the economy, cutting spending close the economy. we are trying to deal with both of those crisis at the same time. we've got to 3.5 trillion in revenue increases and spending cuts while the economy has continued to sort of grind slowly. i think what we're looking at now, what we're hoping i think, everybody hopes both side can come together on it, again, how do we get to the 4 trillion that bowles-simpson recommended without killing the economy? and i think that's why you get both these sets of facts that are true. both side are actually right about this. now the question is -- and we've avoided killing the economy by trying to address it. jon: everybody a grows that the long-term driver of the problem are the programs like medicaid, social security. so this president doesn't have to run again. why not do something bold and tell americans, you know, if you're under
tourism economy is such a big deal for shore towns, seaside has vowed to be up and open for business on the boardwalk this coming summer. we are back with our monday making a difference report after this. an extraordinary group on the go setting its sights on helping a lot of kids. >>> finally tonight here we have an uplifting making a difference report. tonight from los angeles where things are now looking a lot better for a lot of kids. that's because of the efforts of some caring folks helping kids whose families can't afford the eyeglasses they need, giving them a chance to see and learn and thrive. our making a difference report tonight from nbc's miguel almaguer. >> reporter: for these kids, this bus is a sight for sore eyes. >> this is going to be exciting. >> who gets to go first? >> reporter: an eye clinic on wheels built by vision to learn that provides free eye exams and glasses to students in low-income communities. >> perfect. don't move. >> reporter: fifth grader dina ventura hasn't seen clearly since kindergarten. dina is one of 34 students getting tested at her school
that president reagan saw in inheriting the same lousy economy that president obama did. do you know we would have seven million additional new jobs in america. let met help that i can make more concrete. seven million more jobs that is equivalent to giving a job to every man, women, and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [applause] presidenttion under obama doesn't fall uniformly. if you so happen to be a tax lawyer or environmental lawyer, you're doing great right now. but i'll tell you the people that are hurting the most are those are the struggling and the least well off among us. under president obama, hispanic unemployment climbed to 10%, african american to 14%. unemployment for young people ages 16-19 over 25%. that's why for a long time i've been championing what i call opportunity conservativism, which is every republican, every conservative should focus on easing the steps of the economic ladder. splange how ore free market system has served as the most incredible engine for opportunity, for millions of people to come with nothing
back the economy and the g.o.p. believes mr. obama is creating a nation at war with itself. the affluent vs. the nonaffluent. over the weekend senator ted cruze of texas, a conservative, delivered a very emotional speech at cpac. >> my father came from cuba. he had been in prison. he had been tortured in cuba. and he came to texas with nothing, with 100 in his underwear. didn't speak a word of english. washed dishes making 50 cents an hour. in someone had came up to that 18-year-old kid avenue as he was washing dishes and suggested to him that 55 years hence his son would be sworn into office as a united states senator representing the great state of texas. [ applause ] that would have been unimaginable. >> now mr. cruze says his dad made it on his own without government assistance. he worked hard and provide for his family and now his son has achieved the american dream. that's the way this country is supposed to work. but president obama himself has a very compelling story to tell. his father abandoned him. he was raised primarily by his maternal grandparents in hawaii. h
shall face a total collapse of the banking system and of the whole economy. >> reporter: such talk may well be brinksmanship. it's not. these people and many more across europe would be forever changed by the events of the past three days. >> woodruff: for a closer look at the crisis in cyprus and why it's captured the attention of europe and the u.s., we turn to jacob kirkegaard, a senior fellow at the peterson institute for international economics. welcome to the program. >> my pleasure. woodruff: why does tiny cyprus, a population just over one million, have europe, the markets, the government so rattled? >> i think there's two main reasons. first of all that europe is still kind of on the edge. it doesn't take much to shatter the sort of recent lull of confidence that you have had in europe in the last couple of months. unfortunately, i think cyprus is one such thing. and the other element is that what happens in cyprus and with respect to the cyprusian banks have a large precedent-setting effect for how europe going forward is going to deal with banking crises in other european co
of the banking system and of the whole economy. >> reporter: such talk may well be brinksmanship. it's not. these people and many more across europe would be forever changed by the events of the past three days. >> woodruff: for a closer look at the crisis in cyprus and why it's captured the attention of europe and the u.s., we turn to jacob kirkegaard, a senior fellow at the peterson institute for international economics. welcome to the program. >> my pleasure. woodruff: why does tiny cyprus, a population just over one million, have europe, the markets, the government so rattled? >> i think there's two main reasons. first of all that europe is still kind of on the edge. it doesn't take much to shatter the sort of recent lull of confidence that you have had in europe in the last couple of months. unfortunately, i think cyprus is one such thing. and the other element is that what happens in cyprus and with respect to the cyprusian banks have a large precedent-setting effect for how europe going forward is going to deal with banking crises in other european countries. then it begins to matte
. if the economy hobbles along and don't get me wrong, the markets are roaring, we've had a few days where it has slowed just a bit. but the average american, the pedestrian middle class family how well are they doing? how confident are they? and if the economy slows for them, the prospects for immigration reform, i don't believe are nearly as high, if you don't get what mark has been saying now for over two weeks. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in th
in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. in this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. later, lehman brothers bankruptcy investigator anton valukas shares his findings on the collapse of the giant investment bank where no senior official has ever faced charges in the biggest bankruptcy in u.s. history. but first we begin with a nine-month 60 minutes investigation looking for wall street cases that might have prosecutorial merit. in december 2011, steve kroft reported on two such cases. we begin with a woman named eileen foster, a former senior executive at countrywide financial, one of the epicenters of the crisis. >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> but eileen foste
newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: today's supreme court arguments pitted a national law against a 2004 arizona voter registration bill. the case explores the extent of state powers against the controversial backdrop of voting restrictions. arizona's proposition 200 requires state residents to provide either a driver's license, passport, birth certificate or physical proof of citizenship before they can vote. but an existing federal law requires only a sworn statement of citizenship on a voter registration form. supporters say the arizona measure cuts down on voter fraud by keeping noncitizens from voting. but opponents argue the la
on tonight's newshour. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: today's supreme court arguments pitted a national law against a 2004 arizona voter registration bill. the case explores the extent of state powers against the controversial backdrop of voting restrictions. arizona's proposition 200 requires state residents to provide either a driver's license, passport, birth certificate or physical proof of citizenship before they can vote. but an existing federal law requires only a sworn statement of citizenship on a voter registration form. supporters say the arizona measure cuts down on voter fraud by keeping noncitizen
a two day meeting on the economy this afternoon. then fed chairman ben bernanke will hold a news conference. we will have live coverage of his remarks to reporters at 2:30 eastern on c-span3. here's some of what we're covering this morning. the house is expected to finish work on the republican budget of the 2014 budget. live coverage of 10:00 eastern on c-span. on c-span2, the senate is working on a measure to fund the federal government for the rest of the fiscal year. testifying about the ongoing two year civil war in syria. that live hearing starts at 9:45 eastern. this week marks the 10th anniversary of the start of the iraq war. in 45 minutes we will talk with california representative barbara lee, who opposed u.s. military action in iraq. and a congressman who served as a u.s. air force reserve chaplin, we will get his perspective on the war and veterans' issues. will, a virginia senator join us as part of our spotlight on magazine series. he writes about the role of congress in u.s. foreign policy. we will also take your calls, e- mails, and host: good morning, and welcom
building and strongest economy? now, an economist named andrew lawrence is behind something called the skyscraper index which shows that the construction of very tall buildings is actually a great way to predict the onset of economic changes. so here's how it works. when a skyscraper begins construction, everybody is all excited, ebuhl yent, right, the country is growing. usually too excited and there is a dramatic plunge in the economic outlook of a country. but according to the index, once the skyscraper has finally finished, the economy will be climbing back. one world trade center will be america's tallest tower when it is completed next year. and even though americans' confidence in the economy is bad, our new tallest building seems to indicate things are looking up. hey, you know, i know it's just one tower. and sure, it's a rather thin hope. but if thein be detection holds true, america's economy is going to be in a way better place, a lot sooner than anybody thought. anderson cooper starts now. >> erin, thanks. good evening, everyone. a very big night tonight, including the
when it comes to the economy. listen to this. >> my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're going to be bringing in more revenue. martha: stuart varney, host of "varney & company" on the fox business network. what do you think about that statement? he says you shouldn't just chase a balanced budget just for the sake of being able to say it is balanced? >> i think the president was spelling out his priority and his priority is not balancing the budget for the sake of balancing the budget. his priority is growth by spending more government money. that i think is his priority. and as you said, martha, that is in sharp contrast to paul ryan who is deliberately going after deficits and the debt and wants to balance in ten years. so you've got two very clear sides here. the president says, spending and debt probably sustainable. paul ryan said, no, it is definitely not. martha: is that debt sustainable, stuart? it's growing like wildfire. >> take a look at right now. a
there. the economies there were slow and germany the fifth biggest. great britain at number eight. france the 9th largest. all shrink shrinking in the last quarter. that is not what you want. entire eurozone by the way losing huge number of jobs. a record 19 million are unemployed. martha: deadly storm causing serious problems across the south. areas of alabama got pummeled with large hail. some of it was the size of baseballs. that is an unusual sight. that is what they had there. high winds causing issues in georgia. thousand people waking up without power there. national weather service say the storm destroyed a store and a dozen homes. look at the wreckage on the ground. one man was killed when the wind topple ad tree on to his car. bill: we had whiteout conditions here in new york city last night and a new round of snow making for a tough commute across the northeast. new england could see the worst of it. that region getting hit with several major storms over the winter. it could get up to 20 inches of snow by the time this storm passs? maria molina live in the fox severe we
like now vicious cuts were going to destroy america's economy and all of the things they are predicting now they predicted back in 1995. they were wrong then and they are wrong now. >> as kelly just mentioned senate democrats unveiled their plan for the budget. patty murray greeted the president over lunch on tuesday. it calls for raising tax revenue by 1 trillion and slashing spending by 175 million. >> harold is smiling. >> stop shaking your head. what is up? how would you like to be a democrat going back to the people of tennessee i raised your taxes a trillion dollars? >> how are they doing it? >> i shake my head. if you're a pedestrian and watching this, this is willie's question. this is where we were six months ago, three months ago. i have great respect for senator murray and i believe she believes in their budget but they have to come together because i'm not sure shs any different. paul ryan's too. how do you examine to abolish after you had an election? >> these are political documents. paul ryan's document is a political document more than an economic document, telling ameri
secretary jack lew weighs in on the markets and the american economy. his interview just ahead. >>> and the tsa under fire. the growing backlash over knives on planes. what every traveler needs to know. good evening, everyone, and welcome to our public television viewers. suzy, the market beat goes on and on. >> it's like the energizer bunny. it just keeps going and going. the dow marches on higher for the tenth day in a row, the first time since 1997 -- 1996. it ended at 14,539. the nasdaq added 14 and the broader s&p 500 gained almost 9 points, and it's now just 2 points away from its own record high close. >>> there is some concern that the rise in the markets may have been too high too fast. and this could be the start of a market bubble. but newly installed treasury secretary jack lew tells steve liesman not so. >> the analysis i've seen doesn't give me reason to be worried right now. >> we'll have more of steve's interview with the treasury secretary in just a few minutes. >>> as the dow hits unprecedenteded heights and the s&p 500 nears its own peak tantalizingly close t
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, knoxville, tennessee, have in common? they have bigger economies than cyprus. it has over a million people. gdp of about 24 billion. but this place is in big trouble right now, because of the issue of debt. what they have is a massive debt. they're spending more than they have, so they're getting a bailout from the eu of about $13 billion. we're going to do this all in dollars, not euro, to keep it all clean here. so, of course, with the bailout comes, as we've seen with other nations, you s as you austerit measures. but the savings tax. essentially, a 6.75% tax on $131,000 and below. you get the picture. if you have $131,000 in the bank right now, and this thing gets approved tomorrow, if that happens, they would come in and take about $9,000 out of your account. even more if you have more. now, the plan is if you do this, you get shares of the bank, and then, jake, when everything gets fixed, theoretically, you get your money back and maybe some more. >> tom, you said cypriots. i said cyprus. >> we'll settle that later. >> thank you so much. >>> also leading money news, how bad are thing
'm sure it will be fine >> the sequester could devastate our economy. >> fewer f.b.i. agents kids kicked out of child care program >> fewer air traffic controllers. nearly $4 million could be slashed to provide males for needy shortages. in texas nearly 10,000 fewer children will receive vaccines for diseases like whooping cough and the flu. >> jon: holy [bleep]. we're doomed. we're going to have to get jobs feeding sick children to old people. why did i only buy the hat? (crying) please tell me there's still time to fix things. >> this is the final countdown. we are just four days from the sequester deadline. >> jon: four days. that's not enough time to do anything. can't even tow a cruiseship of diarrhea to alabama in four days. are they at least working hard on fixing this some >> lawmakers left town for a week-long recess >> president obama played golf with tiger woods in florida last weekend sniem i'm sure tiger woods has a lot of sequester advice. "i don't know, mr. president. did you ever try hitting it with a club?" i don't know. for more on the sequester we go to samantha bee in
. do you want to know how many republicans voted for universal background checks on the economy? zero. the vote was 10 to 8. all republicans voted against. democrats voted for. with 91% support. tell me how this ends for the republican party. joining us now is the congresswoman who represents newtown. nice to be here. i know today, you were -- you saw the bike riders leave on their journey to washington and you were there today in washington when they arrived. what do you see as that kind of personal equipment we're seeing by people who care about this issue. >> and the courage these folks are showing, that these parents who lost loved ones who lost their friends and neighbors are showing not anger. not retribution, but commitment for real common sense gun laws. you just said it. 91% of the public. which i wonder if that is related to the about 90% of the public who think congress is is doing a lousy job. it is time for us to step up. >> when you look back at the kinds of events that have gal vanized real change, it is fascinating to look back at how hard people tried to pass gun refo
politics a long time and the kind of performance in the recent years with the economy. everybody is frustrated. that is the good news scenario. the bad news scenario we literally fix it and we relive 2008. >> can i ask a question as conservatives especially focus on the issue of deficit and what we are going to do about it and it becomes a rallying cry. where was that rhetoric when we were involved in two wars and paying for them on a credit card and having two major tax cuts put in place? iraq war is one of the first wars we haven't had a war tax. where was that fiscal responsibility a decade ago? >> missing. and i'm the wrong person to ask this. because i said famously in budget circles. it's a big crowd. in three the party is over, people get it and not spend any more money and ten years later, i was dead wrong. we lost our rudder somewhere. that's something that america actually stuck to and lived by and served america well 200 years. since then we have developed big problems. >> i also illusion the war would pay for itself and be resolved within six months and up and running
a balanced budget just for the sake of balance. my goal is to how do we grow the economy, put people back to work, and if we do that, we'll bring in more revenue, if we control spending and we got a smart entitlement package, what you have is balance, but it's not balance on the backs of the poor or elderly or students who need student loans or families with disabled kids. not the right way to balance the budget. >> tom price is the republican from georgia. vice chair of the budget committee. nice to see you, sir. they call it a charm offensive. and the national journal quoted a white house who said this. this is a joke, waiting the president's time in hours. i hope are you all in the media happy because we are doing it for you. the white house official is not speaking accurately. do you think it's a waste of time. the charm offensive is actually kind of disjen white houingenuo? >> there has to be trust on both sides. we will welcome the president to the capitol today, we look forward to what he has to say. this has to be more than one step this is the first step in a long process of gett
, but health care, 1/6 of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were asleep at the wheel to let it happen. we have to find a way to make it work. if we have to work within the frameworks of the affordable health care act, fine. if we can find a way to defund its -- it, fine. 80% of the encounters between a patient and a health-care provider could easily be handled by a health savings accounts. 80% of the encounters with of the need to insinuates a third party or a bureaucracy that sucks out 1/3 of the money. we can use rich insurance and catastrophic insurance. some of them, i do not want to call them more runs, but they are similar to that. -- morons, but they are similar to that. read the book. obviously, i am thinking about those things. it is almost laughable some of the things i hear people say to criticize. they say, he is a neurosurgeon, he could not know anything about economics it
. but at a minimum, in my judgment, obama care should not be funded and implemented at a time when our economy is gasping for breath. >> in other words, don't get rid of the military. just don't spend a nickel on it. their guy is basically saying in this sort of strange orwellian way, we're going to get rid of it by just not funding it. it's the minimum we can do. that guy has -- well, he's just something else. >> let's make sure that we don't use ted cruz as a barometer for much in washington. he reminds me of the japanese soldier that we found on the philippines years after world war ii ended still in his cave ready to go to war. the courts decided the issue of health care. the election decided the issue of health care. it's the law of the land. and i think it is -- like i said, let's not use him as a barometer on this. because i think the same people in the republican party understand that although they may not like it, it's the law of the land and it's going to move forward. >> steve, where are you on this? do you think it's a settled deal? i think it is. i'd like to think it is. >> it is
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life. but great institutions like the family. about a growing economy.about ai strong national defense. we care of about these things so much because fundamentally, we are the people who truly care about people. we love people. in this country. we want everyone to succeed in this country! am. >> i want to talk a little bit about what is logical and what is common sense. today. because we don't hear a lot of that. and i don't think that common sense should be something that is just for conservatives. liberals and everybody else should understand and enjoy common sense also. for some strange reason, sometimes they don't. >> you see, as conservatives, we shouldn't take a back seat to anybody. we have a moral cause. it is not just about balancing budgets. it is not just getting the economy going. what we stand for is not taking thing away from people. that's the other side. p this president measures success by how many people are dependent on the government. we measure success in government by just the opposite, by how many people are no longer dependent on the government. not because we h
the economy, put people back to work and if we do that we're going to be bringing in more revenue. if we've controlled spending and we've got a smart entitlement package then potentially what you have is balance but it's not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have disabled kids. that's not the right way to balance our budget. >> and you can see that full interview coming up later today on "good morning america." >>> also the president discussed a major hacking scandal targeting celebrities, but he refused to say if the information posted about the first lady is actually authentic. the fbi and secret service are now investigating a website claiming to have social security number, credit reports and other financial information on celebrities and some political big wigs including vice president joe biden and superstar beyonce. >>> well, after years of debate colorado lawmakers have approved civil unions and the governor is expected to sign it. the legislation grants same-sex couples rights similar to those that come with m
for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that we're going to be bringing in more revenue. if we control spending and we've got a smart entitlement package, then potentially what you have is balance. but it's not balance on the backs of the poor, the elderly, students who need student loans, families who have got disabled kids. that's not the right way to balance our budget. >>brian: you were doing good until the last line. if you want to reform entitlements, all of a sudden you don't like the poor, the elderly, people with special needs, then all of a sudden you can't talk anymore. these are entitlement programs that need to be reformed in a way that will be sustainable. you don't have to vilify people that come up with plans. come up with your own plan. for him to say i'm not going to balance the budget just to balance the budget, did he get anything out of the dinner from last week? >>steve: how many times in the campaign did we hear from the democrats we've got to have a balanced approach where everything is balanced, except when
of the economy. the senate democratic budget recognizes none of this. partisan and in setone and complacent in substance it scores points against the republicans and re'assures the party's liberal base. in short this document gives voters no reason to -- >> with us from washington is david growing of "meet the press." that was. "the washington post" saying tough things about the democratic budget but let's commend. i'm commending democrats today and i -- let's commend the democrats for putting out a budget. because this is where we start the conversation and the conversation starts with two budgets that are both dead on arrival. but it's at least a starting point. >> i do think this return to regular order which speaker boehner has talked a lot about makes sense here. we have now seen, what, the last couple of years where republican leaders are really -- john boehner and negotiating directly with president obama is not working so why not let congress do its job and come up with competing visions of america's fiscal future and let them try to hash that out without the white house always bein
a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're going to be bringing in more revenue, if we've controlled spending and we've got a smart entitlement package, then potentially what you have is balance but it's not balance on the backs of, you know, the poor, the elderly, students who need student loans, family who have got disabled kids. that's not the right way to balance our budget. >> a major part of congressman ryan's plan relies on repealing the president's landmark health care law, a tactic house republicans have tried dozens of times before without gaining any traction. >> in terms of your budget, if you don't get it this year and the likelihood of getting it repealed this year is very, very low, does it blow a hole in your ten-year budget. >> sure because it calls for continuing the spending, but what is a budget? a budget is our vision for how we should fix this country's fiscal problems and a key part of that vision is we don't take over, have a government takeover of health care. >> it's
of people's savings. bankruptcy could rick shay through the fragile economies of europe straight to the u.s. a vote is expected in cyprus in the next couple of days. >> all right with a ban on supersized soda on hold michael bloomberg now taking aim at tobacco. it's to encourage young people from smoke according to the mayor. >> tobacco targets children, going neighborhoods where the bottom end of the economic ladder and they believe those people are more susceptible to add ads and less able to make the distinction. >> new york has some of the most restrictive antismoking regulations in the country, cigarettes banned in many public parks and other public places as well. >>> brings us to the facebook question of the day. what would you do to stop children from smoking cigarettes? d logon to wnn.com. mayor bloomberg is told to but out. >> when i cover my red wine from my cold, dead fingers i'm taking a stand. >> that's the question, how far do you go if it's really for the kids, how far do you go? >> it's about education. it's good they don't have the commercials on tv but bocks behind the
with the economy in december, the president held 18-point advantage over congressial republicans. but he has dropped 14 points since then. now only holds an edge of 44% to 40%. the aides privately tell fox they're getting antsy. it's overshadowing the president's effort to come to other legacy issues like immigration reform and gun control. that explains why the president was on capitol hill for second straight day. democrats rush to his defense about whether the outreach is sincere. >> give peace a chance. >> he hasn't even come here yet and already we are criticizing him coming here or what his mote rations are. >> he works lawmakers on a grand bargain, the president could hurt the case for action. by also telling abc news there is not a crisis. we don't have an immediate crisis in terms of debt. for next ten years it's in a sustainable place. different what he said in the 2008 campaign about then president bush's stewardship. >> we have over $9 trillion of debt we are going to have to pay back. $30 few for every man, woman and child. that's irresponsible. that is often patriotic. >> carne
they are being offered. >> this doesn't acknowledge the fact that there is inflation in the california economy. it doesn't acknowledge the fact that our wages are about 7500 dollars less than our leading peeshtion chicago similar funny and los angeles philharmonic. >>reporter: the average musician salary is 165,000 dollars a year. the union says basic pay is 142,000. management says they provide health care with no monthly contribution. the musicians say they pay for family member members. the similar funny says musicians get 10 week of paid vacation. they say they have other expenses including buying their own instruments that can cost hundreds of thousands of dollars. similar funny says the wage proposal would keep the 105 member orchestra among the top 3 nationwide. >> most talented musician in the world and we are hopeful we can reach an agreement that recognizes that and at the same time tl move our organization forward. >>reporter: at this press concert the musicians told us while the similar funny hasen document nearing 300 million an has given hefty bone to us management, they
country of argentina legalized contraception and he raged. the fast booming economy left wealth in the hands of a few top government officials and he roared. this man who has taken the name of the quiet preacher known more for be friending animals and living a life of poverty, now at the epicenter of the catholic church. from amy kellogg on what has to be one of the most shocking decisions we've seen out of rome in centuries. what do you make of this? >> you have learned more about pope francis than i've managed to, to bravo. most of us were taken by surprise. we thought if white smoke came tonight, it would probably be angelo scola, the archbishop of milan. this was a surprise to many. to those believing the speculation and the wagering. but so many profound messages are coming out of st. peter's this evening. the first latin american pope. someone with such obvious humility and someone who has it such experience dealing with politics and having political sensibilities. there's really such a jubilant mood, as much as maybe many italians would have like to have seen another ital
of large numbers of americans struggling in this economy, working hard, trying to get ahead and running into obstacles and head winds. this tape seemed to crystallize everything that we had said. it's not often that you get a candidate, in his own words, affirming, essentially the case you are making against him. we knew right away this was going to be a big deal. >> brian grim, a big deal. it couldn't have been a bigger deal. i don't think there was a more perfect way for scott prouty to handle this. timing and everything. >> i met with him before and after the video came out. >> did you speak to him before the video came out? >> over e-mail. never by phone. >> in that e-mail, was it revealed to you who it was? >> no, he kept himself anonymous. it wasn't until down the road he would tell me his name. >> was he reaching out to you? >> our d.c. operations manager is a tech, you know, a tech fanatic. he found the 47% video on a youtube account that nobody else noticed and started communicating with him. he also, scott himself, posted in the comment section. i was able to find his e-mail a
driving the economy into bad places and the fact that the voting public is going to look vastly different than the cpac attendees do. cenk: that's a great point. let's show the rand paul part of the speech that you mentioned earlier where -- and i'm curious how well this was received. this was one of the very few moments where they actually talked about doing something new. >> ask the facebook generation whether we should put a kid in jail for the non-violent crime of drug use and you'll hear a resounding no! ask the facebook generation if they want to bail out two big to fail banks with their tax dollars and you'll hear a hell no. there is nothing conservative about bailing out wall street. cenk: i'm curious about that on two fronts, one how did the pot discussion go with the crowd and attendees and number two he talked about there's nothing conservative about bailing out banks except almost the entire republican party is in the pocket of the banks and i wonder if the audience realizes that disconnect. >> that was a perfect example of disconnect, because you did have something new. talki
skidding by in this tough economy. >> keith ellison, thank you very much for coming in. >> thank you. >> democratic congressman from minnesota. >>> up next, a surprise for president obama. what our latest poll shows about his job approval. >>> then, an insider from the bush white house is spilling the beans about the march to war in iraq ten years ago. the former bush speech writer is here live. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. >>> if there was ever a second term honeymoon, it looks like it's over. president obama's j
in getting a proper deal done. like you saw, the american economy is the focal point of how we move forward here. >> president obama knows this. i'm just surprised he hasn't done it earlier. there were two deals here. one is each one had to alienate their own base. reagan increased taxes. o'neil cut benefits. both of them took heat. same thing with bill. clinton and newt gingrich didn't like each other much. both of them had to cut benefits, cut spending and newt gingrich agreed to raising taxes and balancing the budget. left a trillion dollar surplus in the bank. barack obama has to stand up to the base. i'm in the base. he's got to stand up and alienate us: and boehner has to do the same thing against the tea party. it won't happen unless both sides are willing to stand up. >> final question, lance armstrong in a similar way for the way they forgave bill clinton. you were part of that forgiveness process, some would argue, for bill clinton. as long as armstrong got that kind of chance, you think? >> a bit of a disclosure. i've had conversations with his attorneys. i think oprah was a good
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